President-elect Donald Trump has nominated pro-crypto Florida Congressman Matt Gaetz as the next Attorney General of the United States, signaling a strong commitment to a pro-crypto agenda in his upcoming second term. Trump highlighted Gaetz's intent to dismantle what he termed systemic corruption at the Department of Justice (DOJ), emphasizing a return to fighting crime and upholding democracy. Following the announcement, Bitcoin's price surged, reflecting optimism for a more favorable regulatory environment for cryptocurrency. However, Gaetz's nomination has sparked disbelief among House Republicans, with concerns regarding his confrontational style and relatively limited legal experience. He previously endorsed legislation allowing federal tax payments with Bitcoin and criticized federal overreach in crypto regulation. Despite support from the crypto sector, Gaetz faces potential confirmation hurdles due to ongoing investigations into past allegations of misconduct. The appointment could reshape DOJ’s approach to cryptocurrency, but opposition from within the Republican Party could complicate his confirmation.

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